Fund performance
CLO funds dominate again as they take 18 spots in top 30 list

Credit hedge funds
Credit hedge funds

Janus’ AAA CLO ETF tops 10 billion in AUM
Janus Henderson AAA CLO ETF (JAAA) has passed USD 10bn in AUM, as interest in CLOs continues to rise among retail investors

Credit hedge funds
Credit hedge fund performance

Credit funds at a glance
Credit funds at a glance

Fund performance
In February, CLO funds once again claimed the majority of top positions in our fund ranking — this time taking eight of the top 10 spots (see table below).

Credit funds at a glance
Credit funds at a glance

New Mountain prices second quasi-CLO
New Mountain priced a second rated feeder fund last week, a deal that straddles the line between the simpler traditional rated feeder fund structures and middle market CLOs

Job opportunity with Investcorp: Structured Credit Investment Associate
Investcorp Credit Management is seeking qualified candidates for a position as a Structured Credit Investment Associate within its Structured Credit Investments Group

Credit hedge funds
Credit hedge funds

Credit funds at a glance
Credit funds at a glance

RR ABS returns with new Vista deal
The growing market for recurring revenue securitizations saw a boost last week with the pricing of VCP RRL ABS III

News in brief
Increasingly popular credit interval funds grow by $10bn in 2023 and New arrangers gather speed in US market

A strong year for CLO strategies
After the pain of 2022, credit fund managers must have been praying that 2023 turned out better. It did.

Credit hedge funds
Credit hedge fund performance

Credit funds at a glance
Credit funds at a glance

European ABS and CLOs rally on Fed rates forecast
Trading activity in European ABS and CLOs was strong on Thursday after the Federal Reserve signalled it would cut rates in 2024

BlackRock launches securitised asset fund
BlackRock has launched a new securitised asset fund dubbed the BlackRock Senior Securitised Fund with at least 65% exposure to ABS and no more than 35% to CLOs

ABS rallies on better-than-expected inflation prints
The European ABS market has rallied over the last two days on news of rapidly falling inflation in both the US and the UK

Manulife Investment agrees deal to buy CQS
Manulife Investment Management, the global wealth and asset management portion of Manulife Financial Corporation, has agreed to buy London-based alternative credit manager CQS, including the CQS credit platform and CQS brand

European structured finance market constructive on rates pause — market snapshot
European ABS and CLOs had a constructive week in the secondary market, reflecting better sentiment in broader credit

Janus Henderson expands ETF lineup
The new Janus Henderson Securitized Income ETF will invest in ABS, commercial mortgage-backed securities, CLOs, mortgage credit and agency mortgage-backed securities

Structured finance secondary market quiets down as volatility intensifies
Secondary market activity in European structured finance was subdued this week, in the wake of further market volatility sparked by the Israel-Hamas war

Hedge fund profit-taking prompts ABS sales as spreads soften in deteriorating macro conditions
More European ABS and CLO BWICs were on offer this week, as some hedge funds are selling their positions with a view to take early profits before the market widens further.  

What do you think?
The Creditflux CLO Census is back for its seventh instalment. Our annual stock-take of the global CLO industry begins on Monday, 2 October — it’s your chance to make your voice heard